Q: Can a company start operating before completing VAT registration?
Panwa: Yes. A company may start operating before registering for VAT. However, if the business meets the conditions requiring VAT registration, it must apply accordingly. Please note that the company cannot charge VAT or issue tax invoices to customers until the VAT registration is approved. Operating without proper VAT registration may result in penalties under Thai tax law.
Related topic:
VAT registration Thailand – click here
Tax knowledge – click here
Taxation service – click here
For more information, please feel free to contact us:
Phones: +66 2 933 9000
Email: chonthira@panwa.co.th (Ms.Chonthira, Director)
WhatsApp: +66 85 713 1000
LineApp ID: @panwa
Address: 1560 Latphrao Rd., Wangthonglang, Bangkok 10310, Thailand.
Location: https://goo.gl/maps/MhJsbjkPrji51Qyt6
Sky train: Yellow Line, Chokchai 4 Station, Gate 4. Our office is located between Soi Latphrao 50 and 52.